Replies to post #190895 on American Premium Water Corp. (HIPH)

[WealthyBuy]

CEO was asked in an interview_Is it prudent to be expanding internationally when there is plenty of demand in the US?

Since we brought on Tanya Gullick and her team aboard, they have brought us many opportunities in the UK. We announced our partnership with Hanlons Brewery to develop CBD infused beer, which I think has a tremendous amount of potential from a commercial stand point but also as a showcase for the Company’s technology as a case study for other applications and partnerships. I took a trip to London earlier this year and I saw for myself the potential market in the UK and Europe. The regulatory environment over there is less onerous than the US or Canada, and CBD is in a much more nascent stage than it is here. The Hanlons partnership positions us to be able to tap into the global beer market which is huge, and because of the less onerous restrictions, we are able to get to market faster in the UK and Europe. We are exploring partnerships with liquor companies over there as well which I feel has equal if not greater potential for revenue. These confluence of factors presents a tremendous opportunity in the region; Tanya and her team are doing a great job cultivating distribution and partnerships. There are many things in the pipeline that will be coming to fruition in the coming weeks. I will be going back to London in the middle of May and I anticipate I’ll be able to share some updates on progress over there before then